10-01-2009, 02:00 AM
Thanks Kamran bhai for your comprehensive solution to the situation
From point of view of the "Financee" (The company who has 'received' the finance, is there any implication of the fact on Auditors' report, specially if the company explains the situation clearly in notes.
I guess emphasis of matter para would be sufficient in this regard.
What do you think?
From point of view of the "Financee" (The company who has 'received' the finance, is there any implication of the fact on Auditors' report, specially if the company explains the situation clearly in notes.
I guess emphasis of matter para would be sufficient in this regard.
What do you think?